N(i)² Inc. completes first round of financing Montréal based leader in the field of enterprise network resource management obtains funding to launch first software solution
Montréal (Québec), Canada - April 15, 2004 - N(i)², a private software development company, announces that it has completed a first round of equity financing for an undisclosed amount with a group of private investors.
This financing will enable N(i)² to complete the first release of its enterprise resource management software, begin commercialization efforts and pursue strategic commercial partnerships with various providers of network products and services to the enterprise market.
"We are delighted that N(i)² has received investor support for the development and commercialization of its suite of ready and easy-to-use, integrated and scalable network resource management ("NRM") software products aimed at the enterprise market", said Joseph Hatchuel, N(i)²'s chief executive officer. "We are ready to capitalize on a significant, unmet need in the marketplace providing IT managers with cost effective solutions which enable them to take control of their network" Hatchuel added.
About N(i)² N(i)² develops and markets innovative, ready-to-use, Information and Communication Technology resource management solutions for the enterprise market. The N(i)² Solution™ is a series of ITIL compliant software modules that empower IT and network organizations of all size to streamline their operations with absolute visibility on their resources. N(i)² was founded in 2003 by the creators of the industry leading physical inventory management software, N&SP™, aimed at the telecom service provider market. Lat45, the developer of N&SP™, was acquired by MetaSolv Software inc. in 2001. For more information, please visit: www.ni2.com.
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For more information on N(i)², please e-mail: information@ni2.com
